
The Opec+ alliance agreed in April to draw back an historic 9.7 million barrels per day from the markets in May and June. AP Photo
The Opec+ alliance agreed in April to draw back an historic 9.7 million barrels per day from the markets in May and June. AP Photo
US crude slips below $40 as Opec+ begins easing cuts
Encouraging manufacturing data should slow down the softening in oil prices, analysts say